Smart Money Cheers As Bank Of The Ozarks Inc (OZRK) Posts Big Revenue, Earnings Increases

Hedge fund activity in Bank Of The Ozarks Inc (NASDAQ:OZRK)

Of the funds tracked by Insider Monkey, Cupps Capital Management, led by Drew Cupps, holds the biggest position in Bank Of The Ozarks Inc (NASDAQ:OZRK). Cupps Capital Management has a $13.6 million position in the stock made up of 367,947 shares, comprising 1.2% of its 13F portfolio. Sitting in the second spot is Citadel Investment Group, managed by Ken Griffin, which holds a $10 million position of 271,928 shares; less than 0.1% of its 13F portfolio is allocated to the stock. Some other peers with similar optimism consist of Jim Simons’ Renaissance Technologies, Sharif Siddiqui’s Alpenglow Capital, and Ken Gray and Steve Walsh’s Bryn Mawr Capital.

With a general bullishness amongst the heavyweights, key money managers have jumped into Bank Of The Ozarks Inc (NASDAQ:OZRK) headfirst. D.E. Shaw & Co., L.P., managed by David E. Shaw, assembled the largest position in Bank Of The Ozarks Inc (NASDAQ:OZRK). D.E. Shaw & Co., L.P. had $1.35 million invested in the company at the end of the first quarter, buying 36,572 shares. Paul J. Isaac’s Arbiter Partners Capital Management also initiated a $563,000 position during the quarter, consisting of 15,239 shares.

Due to the very bullish sentiment Bank Of The Ozarks Inc (NASDAQ:OZRK) received in the first quarter as well as the solid results it’s displayed for the second quarter, we recommend a long position in the stock.

Disclosure: None